Uniform Accounts for Systems of Water Supply Volume 3

Uniform Accounts For Systems Of Water Supply by E. Dana Durand. The Government document presents a two-part scheme of uniform accounting for water-supply enterprises, developed through a conference and correspondence among the U.S. Bureau of the Census, American Water Works Association, New England Water Works Association, American Association of Public Accountants and others. The work aims to provide a complete, comparable framework for recording revenues, expenses, outlays, assets, liabilities, and proprietary interests for both municipal and privately operated water systems. It introduces accounts for a single order (ten accounts) and for larger systems with a second, summarized structure and optional subgeneral and primary accounts. The text outlines fundamental definitions (revenues, expenses, assets, liabilities, outlays, proprietary interests), and general rules of accounting, including how to classify overhead, operating, and maintenance costs, and how to treat depreciation and amortization. It also contains detailed instructions for general accounts, rates for water service (metered and unmetered, municipal and self-consumed), and the handling of joint expenses, consolidations, and closing procedures. The goal is to enable uniform statistics and fair comparison across different water-supply operations and time periods.